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SBI Life Insurance Company Ltd Q1FY25; 36% rise in Profits

SBI Life Insurance Company Ltd is engaged in the business of life insurance and annuity. It was started as a Joint-venture between State Bank of India and BNP Paribas Cardif S.A.

Financial Results:

SBI Life Insurance Company Ltd reported Revenues for Q1FY25 of ₹34,654.00 Crores up from ₹27,895.00 Crore year on year, a rise of 24.23%.

Total Expenses for Q1FY25 of ₹34,060.00 Crores up from ₹27,471.00 Crores year on year, a rise of 23.99%.

Consolidated Net Profit of ₹520.00 Crores up 36.48% from ₹381.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹5.19, up 36.22% from ₹3.81 in the same quarter of the previous year.

*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.

*The presented data is automatically generated. It may occasionally generate incorrect information.

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